The liquidation of COH Sports Bidco Limited is a result of a dispute between Sheffield United's owners and their predecessors, Prince Abdullah's United World, who claim they are owed £35m in unpaid fees from the sale of the Championship club in December 2024. The purchase price was £110m. The EFL is now examining Sheffield United over claims that the club's owners are trying to avoid paying the full purchase price.
According to The Guardian Football, Rosen was a director of US medical manufacturer Invacare, which filed for bankruptcy in 2023. An insolvency overseas would count as a disqualification event under EFL regulations. This could result in Rosen being forced to stand down and reduce his shareholding in Sheffield United.
The EFL is likely to launch a formal investigation into the allegations that the club's owners are deliberately seeking to avoid paying fees owed from their purchase of the club. This would result in a points deduction if they are found guilty. The EFL spokesperson confirmed that an insolvency overseas would count as a disqualification event.
The next step for Sheffield United is a formal investigation by the EFL, which could result in a points deduction if the club is found guilty of trying to avoid paying the full purchase price.